Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 28.57% is 43% above its 5-year average of 19.97%, near the high end of its 5-year range (-41.84%–40.27%).
As of the fiscal period ended Tuesday, March 31, 2026. 16.61% above its 12-month average of 24.50%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
28.57%
TAX RATE AVG TTM
24.50%
TAX RATE AVG 3Y
22.76%
TAX RATE AVG 5Y
23.30%
TAX RATE AVG 10Y
24.55%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+16.61%
CURRENT VS 3Y AVG
+25.56%
CURRENT VS 5Y AVG
+22.62%
CURRENT VS 10Y AVG
+16.36%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 28.57% |
| 2025-12-31 | 40.27% |
| 2025-09-30 | 1.47% |
| 2025-06-30 | 25.94% |
| 2025-03-31 | 26.26% |
| 2024-12-31 | 33.58% |
| 2024-09-30 | 19.48% |
| 2024-06-30 | 19.04% |
| 2024-03-31 | 17.26% |
| 2023-12-31 | 8.59% |
| 2023-09-30 | 24.05% |
| 2023-06-30 | 21.29% |
| 2023-03-31 | 26.25% |
| 2022-12-31 | 22.11% |
| 2022-09-30 | 25.57% |
| 2022-06-30 | 29.23% |
| 2022-03-31 | 32.12% |
| 2021-12-31 | -41.84% |
| 2021-09-30 | 14.66% |
| 2021-06-30 | 21.20% |
| 2021-03-31 | 24.22% |
| 2020-12-31 | 13.02% |
| 2020-06-30 | -12.46% |
| 2019-12-31 | -9.09% |
| 2019-09-30 | -309.55% |
| 2019-06-30 | 24.02% |
| 2019-03-31 | 25.42% |
| 2018-12-31 | 28.93% |
| 2018-09-30 | 36.19% |
| 2018-06-30 | 22.43% |
| 2018-03-31 | 23.77% |
| 2017-12-31 | 128.57% |
| 2017-09-30 | 60.83% |
| 2017-06-30 | 31.79% |
| 2017-03-31 | 52.58% |
| 2016-12-31 | 73.46% |
| 2016-09-30 | 55.17% |
| 2016-06-30 | 45.34% |
| 2015-12-31 | 30.42% |
| 2015-06-30 | 50.81% |
| 2015-03-31 | 77.00% |
| 2014-12-31 | 40.41% |
| 2014-09-30 | 39.78% |
| 2014-06-30 | 30.62% |
| 2014-03-31 | 58.61% |
| 2013-12-31 | 70.65% |
| 2013-09-30 | 38.27% |
| 2013-06-30 | 41.86% |
| 2013-03-31 | 37.91% |
| 2012-09-30 | 38.35% |